A rare waterfront opportunity with endless possibilities! This unique property includes a beautifully finished 3-bedroom, 3-bath main home and a cozy detached guest cabin with its own garage. Even better, each structure sits on its own separate parcel, offering exceptional flexibility for future use, investment, or resale. Nestled along the channel connecting Emily Lake and Mary Lake, you'll enjoy a private dock with easy access to both lakes, giving you boating, fishing, and waterfront recreation right outside your door. Take in stunning water views from the bright, open-concept main home, where spacious living areas and quality finishes create a warm and inviting atmosphere for everyday living or entertaining. Step outside to the expansive deck, the perfect place to relax, entertain guests, dine outdoors, or simply enjoy the peaceful waterfront setting. The charming guest cabin is ideal for hosting family and friends, creating a private home office, or generating rental income. Whether you're looking for a year-round residence, a weekend retreat, or an investment opportunity, this versatile property is ready to fit your lifestyle. Located just minutes from the city of Emily and surrounded by miles of ATV and recreational trails, you'll enjoy four-season adventure with boating, fishing, snowmobiling, ATVing, hiking, and more. Don't miss this one-of-a-kind chance to own a spectacular waterfront property with unmatched versatility and access to the best of Minnesota's lake country.